Only hope remains when market distortions are even stronger
Market expectations of rapid disinflation remain, but underlying risks come from commodity costs, monetary supply, and trade protectionism.
Market expectations of rapid disinflation remain, but underlying risks come from commodity costs, monetary supply, and trade protectionism.
Estonia is holding strong with €75M attracted FDI with energy & climate the hottest categories. Now the plan is to reach 500 DeepTech startups by 2030.
Estonia’s FinTech success (+42% income) is attributed to local digital infrastructure, people capital, and the world’s best tax system.
The current decline in Estonia’s exports is more a reflection of the weakness in foreign markets and the problems with competitiveness.
Estonia has the most startups and unicorns per capita in Europe, a result of its leadership in education, where digitalization is a cornerstone.
Tallinn has presented a €7m project for a city park with an insect-friendly green corridor connecting green areas and neighbourhoods.
The Baltics are challenging current setbacks and security concerns while striving for energy independence in the Nordic region.
Economic downturns propel new ventures like the Nordin Tech Valley, where the combined valuation of Estonian, Finnish, and Swedish enterprises nears 400bn.
Estonian banks’ profits have grown fast when the income on loans linked to Euribor increased. Now risks come from loan losses at the window.
CBDC aren’t necessary, digitalization and ease are already here. What’s missing is a competitive free market transmission mechanism.